Tesla China appears to be continuing its vehicle export activities this January. As per industry watchers, the electric vehicle maker saw 7,400 new insurance registrations for the week of January 8-14, 2024. The results represent an improvement of 131.25% compared to the previous week’s 3,200 registrations.
Tesla China does not release the results of its weekly domestic sales, though it is possible to gauge the electric vehicle maker’s overall performance in the local Chinese market through the number of the company’s new vehicle insurance registrations. Fortunately, these registrations are tracked closely by industry watchers and companies like Li Auto, which has posted China’s weekly insurance figures for some time now.
$TSLA ??
NEWS: Tesla China insured units
< Jan >
1-7 : 3,200
8-14 : 7,400 pic.twitter.com/f5mvyZ41eK— Tsla Chan (@Tslachan) January 16, 2024
And as per Li Auto’s recent data, Tesla China has seen a total of 10,600 new vehicle registrations during January 2024’s first two weeks. While this is a notable decline from December’s impressive registration figures, the electric vehicle maker does tend to sell fewer cars domestically when it is focusing on meeting the orders for Model 3 and Model Y that were placed in territories that are supplied by Giga Shanghai.
For context, Tesla China sold a total of 94,139 vehicles in December 2023, as per data from the China Passenger Car Association (CPCA). From this number, 75,805 of the vehicles were sold in the domestic Chinese market and 18,334 were exported abroad. This is quite interesting as Tesla China typically focuses only on the domestic market in the final month of a quarter.
$TSLA China posted 7.4K insured registrations for the week of Jan 8-14. The 2924/1Q two-week total of 10.6K is +24.7% QoQ and -28.2% YoY. Source: @piloly pic.twitter.com/qDKFVNTJ78— Gary Black (@garyblack00) January 16, 2024
Wall Street veteran and Tesla bull Gary Black, who is closely monitoring the company’s results in China, observed that Tesla China’s two-week results in January 2024 so far correspond to a +24.7% quarter-over-quarter increase and a -28.2% year-over-year decline.
Tesla Giga Shanghai plays a notable role in the electric vehicle maker’s global operations. The facility serves as the company’s vehicle export hub, and for the past few months, it was also the sole facility capable of producing the upgraded Model 3. Giga Shanghai sold 947,742 vehicles last year, accounting for 52.4% of the company’s 1,808,581 cars that were sold worldwide.
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Elon Musk
Starlink restrictions are hitting Russian battlefield comms: report
The restrictions have reportedly disrupted Moscow’s drone coordination and frontline communications.
SpaceX’s decision to disable unauthorized Starlink terminals in Ukraine is now being felt on the battlefield, with Ukrainian commanders reporting that Russian troops have struggled to maintain assault operations without access to the satellite network.
The restrictions have reportedly disrupted Moscow’s drone coordination and frontline communications.
Lt. Denis Yaroslavsky, who commands a special reconnaissance unit, stated that Russian assault activity noticeably declined for several days after the shutdown. “For three to four days after the shutdown, they really reduced the assault operations,” Yaroslavsky said.
Russian units had allegedly obtained Starlink terminals through black market channels and mounted them on drones and weapons systems, despite service terms prohibiting offensive military use. Once those terminals were blocked, commanders on the Ukrainian side reported improved battlefield ratios, as noted in a New York Post report.
A Ukrainian unit commander stated that casualty imbalances widened after the cutoff. “On any given day, depending on your scale of analysis, my sector was already achieving 20:1 (casuality rate) before the shutdown, and we are an elite unit. Regular units have no problem going 5:1 or 8:1. With Starlink down, 13:1 (casualty rate) for a regular unit is easy,” the unit commander said.
The restrictions come as Russia faces heavy challenges across multiple fronts. A late January report from the Center for Strategic and International Studies estimated that more than 1.2 million Russian troops have been killed, wounded, or gone missing since February 2022.
The Washington-based Institute for the Study of War also noted that activity from Russia’s Rubikon drone unit declined after Feb. 1, suggesting communications constraints from Starlink’s restrictions may be limiting operations. “I’m sure the Russians have (alternative options), but it takes time to maximize their implementation and this (would take) at least four to six months,” Yaroslavsky noted.
Elon Musk
Tesla Korea hiring AI Chip Engineers amid push for high-volume AI chips
Tesla Korea stated that it is seeking “talented individuals to join in developing the world’s highest-level mass-produced AI chips.”
In a recent post on X, Tesla Korea announced that it is hiring AI Chip Design Engineers as part of a project aimed at developing what the company describes as the world’s highest-volume AI chips. CEO Elon Musk later amplified the initiative.
Tesla Korea stated that it is seeking “talented individuals to join in developing the world’s highest-level mass-produced AI chips.”
“This project aims to develop AI chip architecture that will achieve the highest production volume in the world in the future,” Tesla Korea wrote in its post on X.
As per Tesla Korea, those who wish to apply for the AI Chip Design Engineer post should email Ai_Chips@Tesla.com and include “the three most challenging technical problems you have solved.”
Elon Musk echoed the hiring push in a separate post. “If you’re in Korea and want to work on chip design, fabrication or AI software, join Tesla!” he wrote.
The recruitment effort in South Korea comes as Tesla accelerates development of its in-house AI chips, which power its Full Self-Driving (FSD) system, Optimus humanoid robot, and data center training infrastructure.
Tesla has been steadily expanding its silicon development teams globally. In recent months, the company has posted roles in Austin and Palo Alto for silicon module process engineers across lithography, etching, and other chip fabrication disciplines, as noted in a Benzinga report.
Tesla Korea’s hiring efforts align with the company’s long-term goal of designing and producing AI chips at massive scale. Musk has previously stated that Tesla’s future AI chips could become the highest-volume AI processors in the world.
The move also comes amid Tesla’s broader expansion into AI initiatives. The company recently committed about $2 billion into xAI as part of a Series E funding round, reinforcing its focus on artificial intelligence across vehicles, robotics, and compute infrastructure.
Elon Musk
SpaceX and xAI tapped by Pentagon for autonomous drone contest
The six-month competition was launched in January and is said to carry a $100 million award.
SpaceX and its AI subsidiary xAI are reportedly competing in a new Pentagon prize challenge focused on autonomous drone swarming technology, as per a report from Bloomberg News.
The six-month competition was launched in January and is said to carry a $100 million award.
Bloomberg reported that SpaceX and xAI are among a select group invited to participate in the Defense Department’s effort to develop advanced drone swarming capabilities. The goal is reportedly to create systems that can translate voice commands into digital instructions and manage fleets of autonomous drones.
Neither SpaceX, xAI, nor the Pentagon’s Defense Innovation Unit has commented on the report, and Reuters said it could not independently verify the details.
The development follows SpaceX’s recent acquisition of xAI, which pushed the valuation of the combined companies to an impressive $1.25 trillion. The reported competition comes as SpaceX prepares for a potential initial public offering later this year.
The Pentagon has been moving to speed up drone deployment and expand domestic manufacturing capacity, while also seeking tools to counter unauthorized drone activity around airports and major public events. Large-scale gatherings scheduled this year, including the FIFA World Cup and America250 celebrations, have heightened focus on aerial security.
The reported challenge aligns with broader Defense Department investments in artificial intelligence. Last year, OpenAI, Google, Anthropic, and xAI secured Pentagon contracts worth up to $200 million each to advance AI capabilities across defense applications.
Elon Musk previously joined AI and robotics researchers in signing a 2015 open letter calling for a ban on offensive autonomous weapons. In recent years, however, Musk has spoken on X about the strengths of drone technologies in combat situations.